£311,142
This estimated value is based upon the latest sale price for the house of £247,500 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £247,500 | 15 Dec 2017 |
| £170,000 | 19 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 sq feet |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in December 2017 the House Price Index for SUFFOLK was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £247,500 results in an estimated price of approximately £311,142.
| 15 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £247,500 | £63,642 | £311,142 |
The Postcode Pricing Model uses changes in average sales price within the IP3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 49.374 % | £122,201 | £369,701 |
| 3 Month Average | 12.895 % | £31,914 | £279,414 |
| 6 Month Average | 16.038 % | £39,693 | £287,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £279,445 | £277,000 | 51 ASCOT DRIVE |
| 24 Jul 2023 | £314,229 | £310,000 | 43 ASCOT DRIVE |
| 9 Jun 2023 | £237,881 | £235,000 | 326 FELIXSTOWE ROAD |
| 10 Feb 2023 | £329,778 | £330,000 | 25 RAMSGATE DRIVE |
| 25 Nov 2022 | £276,649 | £280,000 | 1 ASCOT DRIVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Sep 2017. Using an estimated price of £311,142 means this house is valued at £3,748 per sq meter (£348 per sq foot).
The average size of a house on ASCOT DRIVE is 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Malvern Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Badshah Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Exeter Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shackleton Square |
| Feb 2024 | Anti-social behaviour | On or near Shackleton Square |